In Regression Analysis, the Dependent Variable

question 6

Multiple Choice

In regression analysis, the dependent variable

• A)is always quantity demanded.
• B)is the variable whose variation is to be explained.
• C)is one of the factors that explains what is happening with demand.
• D)is represented by the inverse demand function.

---

Definitions:

Availability Heuristics

A mental scheme that draws on the most immediate exemplars that come to mind for the appraisal of a specific subject, idea, methodology, or decision.

Representativeness Heuristics

A cognitive bias where an individual categorizes a situation based on how similar it is to a typical case from a category.

Language Abilities

The capacity to understand, produce, and use verbal and written communication effectively, a key aspect of human cognition and social interaction.

Sign Language

Sign Language is a visual means of communication using hand gestures, facial expressions, and body language, primarily used by deaf and hearing-impaired individuals.